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Dollar General I 2024 Build I 47K Population 13086 Holt Peterson Rd rd

10,640 SF Retail Building Cottondale, AL 35453 $2,150,933 ($202/SF) 6.75% Cap Rate

Investment Highlights

  • Brand New 2024 Construction
  • 5% Rental Increases Every 5 Years Starting in Year 6
  • Corner Location with Combined 8,287 VPD & 47,000 5-Mile Population
  • Long Term 15 Years Absolute NNN Lease With Corporate Guarantee
  • “Mini Market” Format Prototype – Featuring DG's Larger Store, 10,640 SF, that will Operate as a DG MARKET to Accommodate Explosive Projected Sales
  • 7 Miles from The University of Alabama - Alabama’s Largest Public University with 39,623 Enrolled Students - Tuscaloosa Has 110,000 Population

Executive Summary

The ESS Group is pleased to exclusively market for sale a single tenant net leased NNN Dollar General investment in Cottondale, Alabama. 15 years lease with rent commencement in October 2024. Dollar General PLUS that has been upgraded to a DG Market to account for strong projected sales. 5% rental increases every 5 years, including in years 6 and 11 of the base term.
CONTACT US TO INQUIRE ABOUT OUR OFF MARKET INVESTMENTS & ATTRACTIVE LOAN OPTIONS

Property Facts

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2024
Price
$2,150,933
Price Per SF
$202
Cap Rate
6.75%
NOI
$145,188
Tenancy
Single
Building Height
1 Story
  • Listing ID: 32784415

  • Date on Market: 8/13/2024

  • Last Updated:

  • Address: 13086 Holt Peterson Rd rd, Cottondale, AL 35453

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